Multifamily Market Summary: Fort Worth, TX

Multifamily Market Summary: Fort Worth, TX

Commercial real estate brokerage Greysteel recently published a Spotlight on Downtown Fort Worth, TX, one of the hottest markets for multifamily real estate in the country. As you will see from the data below, there is reason for the immense interest in real assets in this market.

Demand for Housing

The demand for housing in the downtown Fort Worth Market is evidenced by the following key metrics:

Positive Net Absorption: Construction continues with 3,297 units delivered since 2018 and 1,409 units currently under construction. Because of the positive net absorption, evidence of strong demand, there little near-term concerns of oversupply in the market. The Dallas/Fort Worth MSA has seen much growth and in spite of all the construction demand shows as strong because renters are still leasing up all supply of units.

Rent Growth: 3.1% rent growth is in line with inflation and drives the appreciation of commercial real estate assets held during this period of continued growth.

Vacancy: from 2018, the peak of its 10-year vacancy rate, to now, there has been significant reduction in multifamily vacancy. Today, at a little over 5%, the market vacancy rate shows very few unoccupied units and strong demand for housing.

Our Thoughts

I know many investors who are focused on Texas markets only, specifically markets in between Dallas/FTW and Houston MSA’s. These markets show strong growth as the result of jobs, diversity of industries and the demand for migration to warmer climates and affordable locations. I am glad that my passive investment has holdings in Texas and our team is very excited to invest in Texas markets based on these fundamentals.

Passive Investors

If you invest in stocks or other assets are seek to diversify your portfolio, achieve higher returns or get educated on the power of investing, sign up for our newsletter for regular updates on our business and to learn how you can passively invest and grow your wealth through passive investing.

Download our free Passive Investor Startup Guide and schedule your call with us to find out if passive investing is right for you.

Safe Investing!

RRII

God Bless Ukraine 🇺🇦


Subscribe to Our Channel 👇🏾



💡Invest Your Retirement w/ eQRP

I Rolled My 401k Into eQRP to Passively Invest In Apartments


Passive Investor Startup Guide

To find out more about what it looks like to invest as a passive investor in multifamily real estate, download our free Passive Investor Startup Guide here!




If you invest in stocks or other assets are seek to diversify your portfolio, achieve higher returns or get educated on the power of real estate, subscribe to my articles for automatic updates on new weekly content. Also, sign up for our newsletter for regular updates on our business and to learn how you can passively invest and grow your wealth through real estate.


Rodney Robinson II
Rodney@RodneyRobinsonII.com


What is Absorption In Real Estate?
As you begin to analyze markets, you will encounter the term absorption. …
The Passive Investor’s Guide to C-Class Apartments
Passive Investors should understand the concept of value-add, which is how sponsors …